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Nov 19, 2012
11/12
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FOXNEWSW
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the goal is to save the environment and reduce global warming. >>stuart: you think carbon taxes will save the land it? >>guest: yes. we need to reduce the carbon emissions. >>stuart: are you worried about the next big storm because we are putting out too much carbon? >>guest: i am. a lot of people in new york city and tri-state area are still suffering. so i am worried. i am worried, more, for what my children and grandchild will experience in big storms if we don't get behind this and start resolving it. >>stuart: you have a rebate system that stops middle income and poor people from paying it but business would? >>guest: absolutely. the american interprice institute prefer the carbon tax to, for instance --. >>stuart: they prefer nothing. they do not want any tax but if they have to have one they want a straightforward tax. you think we will get it? >>guest: i do. it will be the republicans proposing it. >>stuart: the republicans the propose this? you might be right, the right would prefer a carbon tax to increased taxes on income and capital g
the goal is to save the environment and reduce global warming. >>stuart: you think carbon taxes will save the land it? >>guest: yes. we need to reduce the carbon emissions. >>stuart: are you worried about the next big storm because we are putting out too much carbon? >>guest: i am. a lot of people in new york city and tri-state area are still suffering. so i am worried. i am worried, more, for what my children and grandchild will experience in big storms if we don't get...
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Nov 20, 2012
11/12
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FBC
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10, two only-in-california stories for you, both involve big money and both involves what else, the environment. could california be the test case for a national carbon tax? ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going onow -- but hurry, the offer ends soon. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very niccake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more qual
10, two only-in-california stories for you, both involve big money and both involves what else, the environment. could california be the test case for a national carbon tax? ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going onow -- but hurry, the offer ends soon. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are...
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Nov 15, 2012
11/12
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FOXNEWS
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the question is, what was the security environment like prior to the attack? and there have already been cables that have been released that have indicated that people in the state department had to know that the security situation in benghazi was already very dangerous, that al-qaeda units were in the area, that jihaddists were out there, that there was no predicting what could happen, and that raises questions about why wasn't there enough security to protect those who were serving inside that compound. >> steve: absolutely. that's such a good point. now, there are some of your colleagues on the other side of the aisle have suggested given what we've heard from susan rice, the united nations ambassador, and other things that the president and jay carney said, that there has been a gigantic cover-up regarding what the administration knew, when they knew it, what they did, stuff like that. are there any democrats on your side who feel that there could have been a cover-up? >> i don't think we know enough right now. >> steve: but shouldn't we know enough by now
the question is, what was the security environment like prior to the attack? and there have already been cables that have been released that have indicated that people in the state department had to know that the security situation in benghazi was already very dangerous, that al-qaeda units were in the area, that jihaddists were out there, that there was no predicting what could happen, and that raises questions about why wasn't there enough security to protect those who were serving inside...
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Nov 14, 2012
11/12
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FOXNEWSW
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also an expert politician who knew exactly how to get things done, exactly in a partisan political environment. sound familiar? what lessons want we learn from him? joining us now, author of a new fantastic book called "thomas jefferson, the art of power." john meachem joins us live. >> you talk about how thomas jefferson, as he gets up first thing ing, as many people are now, he had a ritual he would plunge his feet into a base son of cold quarter. >> it is. there's a groove on the floor where the bowl was brought in. but he lived to be 84 so it's a pretty good policy. >> maybe i need a bucket. thomas jefferson was a guy who loved politics. he loved to design stuff, he was a big thinker, he kept great details but at the end of the day he was a guy who could bring two sides together. north, south, come on, let's wind up in the middle. >> he had endless appetite for art, for wine, for women, for architectural books and also power. he was born to it in virginia. the eldest son in an important family. i learned from a very early age. he was was a political apprentice. for 40 years he was pretty m
also an expert politician who knew exactly how to get things done, exactly in a partisan political environment. sound familiar? what lessons want we learn from him? joining us now, author of a new fantastic book called "thomas jefferson, the art of power." john meachem joins us live. >> you talk about how thomas jefferson, as he gets up first thing ing, as many people are now, he had a ritual he would plunge his feet into a base son of cold quarter. >> it is. there's a...
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Nov 19, 2012
11/12
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FOXNEWSW
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it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >> alisyn: good morning, everyone. today is monday, november 19. i'm alisyn camerota. paula broadwell is back home with her family and speak out. but that's not who lawmakers want answers from. now a top democrat saying something doesn't smell right. >> steve: and it's been a christmas tradition for 60 years right along the pacific. but not anymore. you can thank the atheists for wrecking it for a lot of christians out in california. >> brian: santa monica. soldier brings an entire stadium to its feet. >> up with -- we've special treat for you as well. >> brian: that's as loud as the super bowl. that soldier home from afghanistan. just joins us live on "fox & friends" right now. >> hey y'all, it's paula deen and you're watching "fox & friends." >> steve: can
it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >> alisyn: good morning, everyone. today is monday, november 19. i'm alisyn camerota. paula broadwell is back home with her family and speak out. but that's not who lawmakers want answers from. now...
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Nov 16, 2012
11/12
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FOXNEWSW
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family-friendly environment for family and friends to come out and play. the general dynamics corpation has had this out for decade came out with a civilian range program. we jumped on it. it is invalable for the people with concealable and fire arms to help defend themselves and their familis and put it in an outstanding training tool. you say it is great for self defense and better than shooting on the dummy on the paper when you are doing target amy. what is the difference here. you are shooting people with rubber bullets, right. >> it is not a rubble bullet it is a man-marking cart rage. like a paint ball. but it leaves a slight mark and you can check your hits. the guns are retrofitted and not something we created in a back yard. it is it a proven system from general dynamics and the weapons are rendered safe and only foir a man marking cart rage and they engage each other in real-life scenario. >> gretchen: people understand it is it training military people who are in war and killing each other or police officers potentially. what is the benefit to
family-friendly environment for family and friends to come out and play. the general dynamics corpation has had this out for decade came out with a civilian range program. we jumped on it. it is invalable for the people with concealable and fire arms to help defend themselves and their familis and put it in an outstanding training tool. you say it is great for self defense and better than shooting on the dummy on the paper when you are doing target amy. what is the difference here. you are...
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Nov 19, 2012
11/12
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CNBC
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and low growth environment. that makes sense to me. >> aren't financials a leadership group? if they can't lead doesn't that bode poor for the market? >> we still like financials. i think they're underowned. >> you disagree with the premise? >> we have nim headwind -- >> nim? >> i thought the meant the national institute of mental health. >> maybe, maybe. you can't tell the difference sometimes. >> you've downgraded the financials. >> still overweight insurance. neutral on the banks for a while, the regional banks for a while. it was more specific to the capital market sense of the games, the investment banks, the brokerage firms, asset managers, that kind of area. >> if we get a deal, how much does the market rally? >> i know a lot of clients say they'll chase this market up 2%. they want to be flat. if the market gets a big bid, they'll chase it. i think you'll get a beta chase. i think it's quite possible to be 1430 by year end. >> do you chase it? >> i think if we get a deal mid to late december, that's when
and low growth environment. that makes sense to me. >> aren't financials a leadership group? if they can't lead doesn't that bode poor for the market? >> we still like financials. i think they're underowned. >> you disagree with the premise? >> we have nim headwind -- >> nim? >> i thought the meant the national institute of mental health. >> maybe, maybe. you can't tell the difference sometimes. >> you've downgraded the financials. >> still...
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Nov 15, 2012
11/12
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exclusive discounts on a wide range of digital hearing aids for crisp, natural sound even in crowded environments, with a 90-day risk free trial from providers you can trust. i'm enjoying my freedom again. even conversations in noisy restaurants are easy. not an aarp member? join today. and then take advantage of the aarp hearing care program provided by hearusa. call hearusa ... and reconnect with your world today. martha: congressional leaders head into the white house tomorrow for a meeting on how to stop the country from going over the so-called fiscal cliff which is an urgent matter, i think both sides agree on that. both parties say they are already drawing some of their lines in the sand where they will or will not go on this issue. house speaker john boehner says he believes they can reach a deal. >> i don't think anyone, on either side of the aisle under estimates the difficulty that faces us. but i do think the spirit of cooperation that you've seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think t
exclusive discounts on a wide range of digital hearing aids for crisp, natural sound even in crowded environments, with a 90-day risk free trial from providers you can trust. i'm enjoying my freedom again. even conversations in noisy restaurants are easy. not an aarp member? join today. and then take advantage of the aarp hearing care program provided by hearusa. call hearusa ... and reconnect with your world today. martha: congressional leaders head into the white house tomorrow for a meeting...
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Nov 12, 2012
11/12
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MSNBCW
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. >> marco's work takes him to the planet's moat remote environments, where secrets of the earth's atmosphere are hidden inside air pockets in the ice. it's relatively common for small pieces of the glacier to cap or break off. it's one of the reasons the tourists visit the site. but spectators are on the verge of witnessing a release of a staggering amount of glacial tension. as they stand almost beneath it, the face of the glacier crumbles before their eyes. they send soaring waves directly to the bystanders. it all happens in seconds. there's no time to react. >> there's one person, who is not moving at all. even after the biggest piece falls in. my impression is he's still trying to take pictures. >> the power wave slams a dozen victims into the freezing lake, and lashes them against the rocks. >> the water was very cold. there were beaten by the wave and taken away. they could have hit their head on the rock ls. >> it's a terrifying moment, waiting to see if everyone is accounted for. >> in this case the risk was very high, and people underestimated the risk. >> scientists think the dram
. >> marco's work takes him to the planet's moat remote environments, where secrets of the earth's atmosphere are hidden inside air pockets in the ice. it's relatively common for small pieces of the glacier to cap or break off. it's one of the reasons the tourists visit the site. but spectators are on the verge of witnessing a release of a staggering amount of glacial tension. as they stand almost beneath it, the face of the glacier crumbles before their eyes. they send soaring waves...
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Nov 14, 2012
11/12
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KTVU
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so they will protect the environment and raise a billion dollars. the commerce has filed a lawsuit. >>> and we have an update into the questionable spending of public money at the port of oakland. administrators e-mailed us saying, he will not receive money in exchange for retirement. and the mayor is on administrative leave and he has left the country and following a ktvu investigation in which reuncoverred expenses at attention as strip club. >>> and a burglary, thieves stole honor guard items over the weekend. they say they have a lot of symbolic value and they are even eusually given to the families of fallen -- they are usually given to the families of fallen firefighters. >>> somebody broke in to the history fall are you. but it includes valuable items from the gold rush era. police responding within four minutes. >> unfortunately they knew what they were looking for and they had identified the objects and came very well prepared. they were very quick. >> a man was arrested outside put did not have any the 0 stolen items. >>> he is accused of
so they will protect the environment and raise a billion dollars. the commerce has filed a lawsuit. >>> and we have an update into the questionable spending of public money at the port of oakland. administrators e-mailed us saying, he will not receive money in exchange for retirement. and the mayor is on administrative leave and he has left the country and following a ktvu investigation in which reuncoverred expenses at attention as strip club. >>> and a burglary, thieves...
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Nov 19, 2012
11/12
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CNBC
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, in a recessionary environment where sales of everything are down and people are hanging on to their wallets. they've reached the tipping point. unfortunately, these guys are probably going to be out of business and somebody else is going to be producing these products in another country or another plant. >> the idea that somehow twinkie sales and ding dong and ho ho sales have been victims of the recession strikes me as a little bit suspect. what really bothers me about this whole thing is if a quarter of the people who have gotten up in arms about the hostess bankruptcy actually ate the twinkies that they are missing. twinkie sales would be a whole lot better shape than they are right now. the fact is twinkies have been coming down and all of the products of hostess, as brian said earlier, it is not their first go round with bankruptcy. they've been there before and the reason is balls the market has moved away from that and i'd like to point out that to people on the right who are decrying what the unions have done here, the teamster's union was on board with the cuts. it was the
, in a recessionary environment where sales of everything are down and people are hanging on to their wallets. they've reached the tipping point. unfortunately, these guys are probably going to be out of business and somebody else is going to be producing these products in another country or another plant. >> the idea that somehow twinkie sales and ding dong and ho ho sales have been victims of the recession strikes me as a little bit suspect. what really bothers me about this whole thing...
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Nov 20, 2012
11/12
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FBC
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it is not an effective way to eliminate secondhand smoke exposure and limited area environment. >> the cdc estimates that secondhand smoke causes heart related death and 3400 lung cancer death each year among non-smokers. back to you. dagen: thank you, jonathan. tomorrow kicks off the thanksgiving travel rush. mike boyd is the president of the boyd group international. he is joining us now from denver. mike, it is not that we will see -- it will cause a greater squeeze poor folks, right? >> a little bit raider. flights have been full for the last six months. the real challenge will be the amateur flying. there will be about 7% fewer flights in a normal week because airlines cutback. it will not be more crowded, it will be more confused. dagen: is there some sort of brain issue or some sort of that wall and people that when they go to airports, it seems like it is common sense and preparing to go through security and onto a plane. you always encounter these people that act like they are just morons. >> people just change when they get to an airport. that is a problem universally. dagen:
it is not an effective way to eliminate secondhand smoke exposure and limited area environment. >> the cdc estimates that secondhand smoke causes heart related death and 3400 lung cancer death each year among non-smokers. back to you. dagen: thank you, jonathan. tomorrow kicks off the thanksgiving travel rush. mike boyd is the president of the boyd group international. he is joining us now from denver. mike, it is not that we will see -- it will cause a greater squeeze poor folks, right?...
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Nov 20, 2012
11/12
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CNBC
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so in that environment what can the fed do to try to offset that to make sure that it doesn't take touts edge of or over the edge of a recession? >> so we will see what kind of deal comes out and i think there are a range of possibilities but you are correct, even if the most extreme scenarios are avoided that some plausible scenarios still involve relatively contractionary fiscal policy overall. i made that point in my remarks write said under most plausible scenarios, no matter what happens next year, that the tightening of federal fiscal policy will outweigh the stronger, more expansionary state and local fiscal policy we are getting. so, all of that is right. it's up to congress and the president, of course, to figure out how they want to make the tradeoffs between getting budgetary improvement in the long run and providing additional support for the economy in the short run. then we are going to see how that goes. i think, again, my advice on this is sort of do no harm. and in that respect, what i am particularly concerned about is that we avoid the full force of the cliff, which wo
so in that environment what can the fed do to try to offset that to make sure that it doesn't take touts edge of or over the edge of a recession? >> so we will see what kind of deal comes out and i think there are a range of possibilities but you are correct, even if the most extreme scenarios are avoided that some plausible scenarios still involve relatively contractionary fiscal policy overall. i made that point in my remarks write said under most plausible scenarios, no matter what...
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Nov 14, 2012
11/12
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CNBC
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john chambers has executed in a very tough environment. >> next a it is hip to be square. the payment company announced on twitter it has hit $10 billion in processed payments before starbucks starts using square. starbucks will add 6 billion more a year so you can use square to buy your tea vana tea. >> we can't trade square because it is not public. to us veri phone. we have been short. pay anywhere. tons of them. >> celebrity trades. >> first go long channing tatum. i have been accumulating tatum calls for a long time. it is one of my best investments. take profits on the beebe. justin bieber pulled over by police driving a ferrari. he broke up with his girlfriend so expect volatility in the near term. you can never go wrong investing in one californian. kevin bacon all stories lead to him. we discover the six degrees through kevin bacon. the two biggest stories this week. general petraeus links to kevin bacon leads to her starring role in the closer which leads to john mcaffee. >> he claims to be a new yorker. we want to take credit for kevin bacon here. >> do we? >> h
john chambers has executed in a very tough environment. >> next a it is hip to be square. the payment company announced on twitter it has hit $10 billion in processed payments before starbucks starts using square. starbucks will add 6 billion more a year so you can use square to buy your tea vana tea. >> we can't trade square because it is not public. to us veri phone. we have been short. pay anywhere. tons of them. >> celebrity trades. >> first go long channing tatum. i...
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Nov 15, 2012
11/12
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FBC
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stuart: environment is the best excuse of all. judge napolitano: they will say excelling is harmful to the environment. see how they correct that. stuart: they will never go far. [talking over each other] judge napolitano: do they care about the constitution? stuart: you are our constitutional scholar and you keep bringing us examples whether the constitution is violated, nothing happens. judge napolitano: they continue to get away with it. i hope the first person find because the police just a fence without a search warrant in the backyard or the first person who is fine because they splashed water from a flower on the sidewalk challenges the constitutionality. stuart: you are missing the point. the first person to be fined because the cow jumped over in the search for dog food has to hire a lawyer. that costs money. $10,000 to represent you. judge napolitano: it might be cheaper to pay. stuart: of course. judge napolitano: some people believe these things ought to be challenged and i hope one of the people they implicate in this
stuart: environment is the best excuse of all. judge napolitano: they will say excelling is harmful to the environment. see how they correct that. stuart: they will never go far. [talking over each other] judge napolitano: do they care about the constitution? stuart: you are our constitutional scholar and you keep bringing us examples whether the constitution is violated, nothing happens. judge napolitano: they continue to get away with it. i hope the first person find because the police just a...
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Nov 13, 2012
11/12
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FBC
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. >> this is a tough environment, our business customers are looking for guidance, we're advising really clients across u.s. to take a look at their plan, and health savings accounts and tighten their belts in other areas. neil: how do you absorb, walmart refutes the figures. bottom line they were going up for workers. this is a trend, i would imagine it speeds up. >> supposedly national trend is 8 to 9% rise in health prem young cost, it be be a shared cost, a cost that business absorbs or a cost down to the worker. neil: in walmart saying, we pay the 4.5%, they pay 4.5%, bottom line it is a lot. >> at the end of the day, this is what u.s. citizens elected. neil: unstoppable? >> health insurance premiums will continue to rise, business owners must look at other ways to cut their costs nonless they s. gary: unless they don't, they have no choice, they offer health care coverage, or if they don't they pay penalty, just suck up the penalty, and deal with it. >> or they can reduce workforce, and go to health savings ac count. neil: that is what darden tried, a little bit more you know, agil
. >> this is a tough environment, our business customers are looking for guidance, we're advising really clients across u.s. to take a look at their plan, and health savings accounts and tighten their belts in other areas. neil: how do you absorb, walmart refutes the figures. bottom line they were going up for workers. this is a trend, i would imagine it speeds up. >> supposedly national trend is 8 to 9% rise in health prem young cost, it be be a shared cost, a cost that business...
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Nov 16, 2012
11/12
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CNBC
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that isn't a great environment for stocks, is it? >> yeah, i think what this did, or this more conciliatory tone takes some of the tail risk off the table as far as an immediate shock earlier in the year. you're right. there are some significant problems that are going to have to be dealt with. just because you get a compromise doesn't mean you're not going to have a cutback in the deficit. there's a lot of causation. >> you think this market is beginning to transition away from all the liquidity of the quantitative easing. >> no question about it. the market is off not quite 10%. if you look a little deeper there, you see stocks that are off 30, 40%. i do think there's some opportunity there is. >> like which ones? can you name names, mark? >> sure, absolutely. intel. it's a very controversial, contrarian name right now. they've lowered earnings, however, even on those lowered earnings, you're talking about a stock less than nine times -- >> but intel was the best performing dow component this week. >> absolutely. it has a yield of
that isn't a great environment for stocks, is it? >> yeah, i think what this did, or this more conciliatory tone takes some of the tail risk off the table as far as an immediate shock earlier in the year. you're right. there are some significant problems that are going to have to be dealt with. just because you get a compromise doesn't mean you're not going to have a cutback in the deficit. there's a lot of causation. >> you think this market is beginning to transition away from all...
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Nov 18, 2012
11/12
by
CNN
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implies unemployment going up, and it implies us shooting ourselves in the foot at a time when the global environment is much more difficult. see what's happening in europe, in the middle east, in china. second of all, you just had an election, and one of the messages of the election was one of shared responsibility and fairer burden sharing, in which the rich have done extremely well not just on the outside but also in terms of being protected on the down side. finally, and more importantly, the economic arguments against this, while they would be valid at higher tax rates are not valid here. so if you look at the hand the president has, it is stronger than the republicans', and i think both of them will want to seek some sort of compromise. >> it sounds so reasonable. let's bring in steve warren. he's an editor at the wall street journal, a conservative. steven, do you agree, are the republicans ready to strike a deal with the president if it means giving up the bush tax cuts for the wealthy? they have dug in on this. >> i don't know, ali. i listen to this conversation and i feel like i'm living in
implies unemployment going up, and it implies us shooting ourselves in the foot at a time when the global environment is much more difficult. see what's happening in europe, in the middle east, in china. second of all, you just had an election, and one of the messages of the election was one of shared responsibility and fairer burden sharing, in which the rich have done extremely well not just on the outside but also in terms of being protected on the down side. finally, and more importantly,...
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Nov 12, 2012
11/12
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CSPAN2
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if you don't enjoy good health, chronically suffering from challenges in the environment or from whatever source, you're going to be, in my experience, not paying a lot of attention to things that are very far away, but how do i"n exist, how do i deal with the problem, how do my children and my family deal with these issues, and as we are welt aware, there's a lot of problems in the world. the good news is there's been a tremendous amount of progress, scientific knowledge, and many in the room have been major contributors to that, and we've made great strides. it seems to me one of the things that ought to motivate us today is to figure out how to leverage advances in science and medicine to actually benefit every person in this world that has a need that can be satisfied, solved, resolved by the advancements, and that's a task that we have in front of us, and why i'm interested in being here, why we're participating in this, and there's still a lot of work to be done. now that you're allÑi here, noby leaves the room without signing a pledge without donating your time, effort to the cla
if you don't enjoy good health, chronically suffering from challenges in the environment or from whatever source, you're going to be, in my experience, not paying a lot of attention to things that are very far away, but how do i"n exist, how do i deal with the problem, how do my children and my family deal with these issues, and as we are welt aware, there's a lot of problems in the world. the good news is there's been a tremendous amount of progress, scientific knowledge, and many in the...
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Nov 20, 2012
11/12
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CNBC
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they'd like to know what environment they're operating in. they effect them personally and the families of the people that work for them. >> can you get a franchise alone? is it easier than it was a year ago? >> yeah, credit market has loosened up a bit for our franchisees and we're fortunate our model in the investment on the investment side that we don't have to be highly leveraged and our franchisees don't have to be highly leveraged going in. they're able to pay investment out of cash but whenner this borrow money they're getting sba loans out there, smaller banks but it is tougher and it affects their growth. that's for sure. >> the smell is killing me here, i mean in a good way. it's 5:00 somewhere or noon somewhere. bob wright, thank you. we appreciate your time this morning and keep it short. >> are you going for the sub? which way? >> i don't know. >> i could eat it but i know he's an ohio state fan. go blue this weekend. i'm going to holdoff. >>> when we come back we'll talk about betting on a deal to avoid the fiscal cliff. caesar'
they'd like to know what environment they're operating in. they effect them personally and the families of the people that work for them. >> can you get a franchise alone? is it easier than it was a year ago? >> yeah, credit market has loosened up a bit for our franchisees and we're fortunate our model in the investment on the investment side that we don't have to be highly leveraged and our franchisees don't have to be highly leveraged going in. they're able to pay investment out...
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Nov 15, 2012
11/12
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CNBC
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we'll ask a top ranked analyst how investors in fiscal cliffs should be playing the current environment when squawk returns. >>> many sectors of the economy would be directly affected if the u.s. economy goes off the fiscal cliff. not the least of which, the financials. we were talking about the white house and the meeting that happened yesterday. only ken chenault, of all the financials, and i don't know if you put him in the traditional category, not a classic wall street guy, is that a problem? >> i think that was an omission, there were no large commercial bankers or wall street bankers in that meeting yesterday. so i thought that was quite interesting that the white house chose not to invite anyone. >> where are you on on financials right now? the stocks have come off. it's been a horrific little ride here. >> it has. the bank stocks have been one of the best performing sectors going into the third quarter. they're up over 20%. they've been one of the weakest sectors since the third quarter results. and i think what's happened is this fiscal cliff has everybody concerned especially
we'll ask a top ranked analyst how investors in fiscal cliffs should be playing the current environment when squawk returns. >>> many sectors of the economy would be directly affected if the u.s. economy goes off the fiscal cliff. not the least of which, the financials. we were talking about the white house and the meeting that happened yesterday. only ken chenault, of all the financials, and i don't know if you put him in the traditional category, not a classic wall street guy, is...
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Nov 20, 2012
11/12
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MSNBCW
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science and this is pretty interesting. >> 98% of scientists tell us that what we are doing to the environment has an effect and if you haven't seen the changes in weather -- how old are you, matt? >> i'm 49. >> how old are you? >> 49. >> if you haven't seen the changes in weather in the last 20 years in your lifetime, then you are oblivious. the weather is changing. we are screwing things up -- >> this has nothing to do with what marco rubio said at all. >> i think just answer the question. >> sure it does. if he denies science, he should say i believe in science. >> he doesn't deny science. i mean, that's ridiculous. >> he did on that. >> let me ask you -- i got up in philadelphia putting chains on my tires about every day when i went to high school. getting chains on the tire with the ice and snow is the way we lived. what happened? just what happened? >> weather changes. >> it changes. i get you. >> have you noticed that? >> i would say it has been changing. i'd say new york is refitting itself from being under water practical olympic pi. >> let's talk about a practical thing. if -- >> glo
science and this is pretty interesting. >> 98% of scientists tell us that what we are doing to the environment has an effect and if you haven't seen the changes in weather -- how old are you, matt? >> i'm 49. >> how old are you? >> 49. >> if you haven't seen the changes in weather in the last 20 years in your lifetime, then you are oblivious. the weather is changing. we are screwing things up -- >> this has nothing to do with what marco rubio said at all....
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Nov 19, 2012
11/12
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CSPAN
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eye 99
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freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our religious institutions. the solution can only come from rejecting the use of coercion, compulsion, government commands and aggressive force to most social and economic behavior. without accepting these restraints, inevitably the consensus will be to allow the governme to mandate economic equality and obedience to the politicians who gain power and promote an environment that smothers the freedoms of everyone. it is then that the responsible individuals who seek excellence and self-esteem by being self-relyant and productive become the vills. conclusion, one of the greatest dange
freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our...
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Nov 16, 2012
11/12
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CNBC
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i think dividend payers will continue to work in what i see as a bond friendly environment for the economy. >> if the dividend rate does change and it is impactful to the change, empirical data shows that 3 months to 6 months they underperform non-dividend payers by 50%. >> grasso, do you have trades on it? >> i bought wynn for a growth story, not a special dividend. what's important to viewers is to know that once it goes ex-div, they do not have to hold it until the payable date. if they're trading off this, it is one thing. if they're investing off this, totally different. the dividend plays, 402 out of 500 s&p companies pay a dividend, the most since '99. any change to the dividend status is impactful to the overall market. >> what's your microsoft? watch out for that. >> more on the market move, moving higher. plus casino company makes a huge bet and it is paying off for shareholders today. so will others follow suit. lots more halftime report straight ahead. [ female announcer ] the next generation of investing technology is now within your grasp with the e-trade 360 investing dashbo
i think dividend payers will continue to work in what i see as a bond friendly environment for the economy. >> if the dividend rate does change and it is impactful to the change, empirical data shows that 3 months to 6 months they underperform non-dividend payers by 50%. >> grasso, do you have trades on it? >> i bought wynn for a growth story, not a special dividend. what's important to viewers is to know that once it goes ex-div, they do not have to hold it until the payable...
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Nov 14, 2012
11/12
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CNBC
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we're talking about a high regulatory environment. who the heck knows what happens over the near term on the fiscal cliff. is it more prudent to stay on the sidelines? you want to look for specific situations? >> let's assume they're in. they're not traders. we're an advisory conference. they're in the market. i think to sell here, to just get nervous, panic, see what's on the news and to throw it in is not prudent. we're coming into thanksgiving. you have good seasonality. i think we get a lift. when we get a lift, if you are this person who says i need to take some risk off the table, that's when you do it. so if you're looking to go into 2013 and you are uncertain, as i am, i think we have a lot fourth go down. so if you're a trader, i think you can trade this to the up side. if you're a longer term investor, you get a pop, you take some off the table and you re-evaluate like in six months. >> that's the strategy. wait for a gain so you're not selling out at the bottom here. >> i think selling in the red today is not prudent. >> ok
we're talking about a high regulatory environment. who the heck knows what happens over the near term on the fiscal cliff. is it more prudent to stay on the sidelines? you want to look for specific situations? >> let's assume they're in. they're not traders. we're an advisory conference. they're in the market. i think to sell here, to just get nervous, panic, see what's on the news and to throw it in is not prudent. we're coming into thanksgiving. you have good seasonality. i think we get...
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Nov 12, 2012
11/12
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CSPAN2
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that's the environment we've been living in the u.k. and simply allow the budget to keep increasing year after year after year and it's being imposed on many member states and we see the cutbacks in many other essential public services completely unsustainable and i sure that you and david cameron would disagree on the mutually conclusive way forward. thank you. >> translator: thank you very much mrs. harms. i would like to point out i don't see the u.k. as strong, but as a country which requires internal reforms very much seems to be the industrialized and mr. miller band i don't think with the entire european position vacant steer this country on a healthy course. second, tomorrow i will be traveling to greece so i've taken a close look at the current situation and i think we must admit finally that with that reform they have exhausted everything, past pensions and they've cut wages, which in germany wasn't imagined even in the time. it's pure austerity policy directly from germany and they're doing it at times of the worst world econ
that's the environment we've been living in the u.k. and simply allow the budget to keep increasing year after year after year and it's being imposed on many member states and we see the cutbacks in many other essential public services completely unsustainable and i sure that you and david cameron would disagree on the mutually conclusive way forward. thank you. >> translator: thank you very much mrs. harms. i would like to point out i don't see the u.k. as strong, but as a country which...
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Nov 18, 2012
11/12
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CSPAN
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i think there was a sense on issues like injury and the environment. they had a vision where we have competition in places like china, germany and india. if we are going to have a thriving american century we cannot come in second place to those countries in the new technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health care, immigration, gay rights. there are a set of issues particularly for younger voters so, people vote very, very carefully. the economy was a dominant issue. i think that is why ultimately some people chose the president to continue the journey we are on. now quickly in terms of democracy, you know we don't know this for sure, but we could be seeing very different elections. that of that in 2010, 14, maybe 18 will be quite a bit different. the comments i made two years ago were predicated on what we thought would happen in a presidential year. the latino turnout
i think there was a sense on issues like injury and the environment. they had a vision where we have competition in places like china, germany and india. if we are going to have a thriving american century we cannot come in second place to those countries in the new technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health...
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Nov 19, 2012
11/12
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CNBC
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock international is teaming up with yoko ono. and why hunger for the imagine there's no hunger campaign. horn $4.5 would million has been raised during the past five years and the president and ce off of the hard rock cafe has been very involved in this. tell us a little bit it. >> thanks for having me. this is a ram we've beprogram w running for many years. there are a billion people beneath poverty and hunger level in the world. and the program really is a program that enjoins why hunger, yoko ono and ourselves and we encourage our staff and our customers to basically provide funding around this holiday season so t
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock...
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Nov 13, 2012
11/12
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CNBC
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eye 47
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so i think tjt works really well in this environment, as i've called it before. it is the discount retailer that doesn't make you feel miserable for shopping there. so i agree -- >> how about this notion, josh, and let's respect the technicals, and the work that enis does. if jcpenney is due for a technical pop, why not buy it as the stock sinks? >> because it's not due for a technical pop. it hasn't happened yet. >> you're crazy. >> what you're saying is it's very stretched out to the downside and oversold. that's fine, but that can remain for a while. if you're a short-term day trader, sure, why not. but if you're looking at that as an investment, i don't see why it's worth risking to make a 5% one-day pop. >> i'll say this. i'll say this, scott. everyone here is bearish except me. so maybe that gives you a bit of a -- >> that's all right. that's what makes a market. next on half, facebook continues to lose friends. how you should be trading that stock ahead of millions of shares flooding the market tomorrow. plus, stocks rallying a bit today, but so are bonds.
so i think tjt works really well in this environment, as i've called it before. it is the discount retailer that doesn't make you feel miserable for shopping there. so i agree -- >> how about this notion, josh, and let's respect the technicals, and the work that enis does. if jcpenney is due for a technical pop, why not buy it as the stock sinks? >> because it's not due for a technical pop. it hasn't happened yet. >> you're crazy. >> what you're saying is it's very...
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Nov 19, 2012
11/12
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MSNBCW
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it's a very bad food environment that we live in. thank you for bringing this to the table. >> you just marginalized yourself in a way that your two mean brothers never could. >> p we all lived under the sea. >> intellectually limited. >>> "new york times," the liberal gloat. he makes a lot of points in this piece. i'm going to read one off the computer. let's zoom in on what he says about, for example, what happened with the hispanic vote. are democrats winning hispanics because they put forward a more welcoming face than republican s do? one more in keeping with american's tradition with migrants yearning to breathe free? yes, up to a point. but they're also winning recent immigrants because those immigrants offense wrnts a simulating successfully or, worse, ares a simulating downward, thanks to rising out of wedlock birth rates and drop out rates. it depends heavily on the darker trends, the weaker that families and communities are, the more necessary government support inevitably seems, which is an interesting point. he goes on t
it's a very bad food environment that we live in. thank you for bringing this to the table. >> you just marginalized yourself in a way that your two mean brothers never could. >> p we all lived under the sea. >> intellectually limited. >>> "new york times," the liberal gloat. he makes a lot of points in this piece. i'm going to read one off the computer. let's zoom in on what he says about, for example, what happened with the hispanic vote. are democrats...
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Nov 12, 2012
11/12
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CSPAN2
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eye 70
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can be economically competitive in a global environment. >> later today british prime minister david cameron delivers his keynote address on policy at the lord mayor's banquet in london. the event is attended by members of the city's financial and diplomatic corps. you can see his remarks live at 3:30 p.m. eastern over on c-span. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. and i'm proposing that we avert the fiscal cliff together in a manner that insures that 2013 is finally the year that our government comes to grips with the major problems that are facing us. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. i am not going to ask students and seniors and middle class families to pay down the entire deficit while people like me, making over $250,000, aren't asked to pay a dime more in taxes. >> the newly-elected congress starts work in january, but the current congress still has work to do through the end of the year in what's
can be economically competitive in a global environment. >> later today british prime minister david cameron delivers his keynote address on policy at the lord mayor's banquet in london. the event is attended by members of the city's financial and diplomatic corps. you can see his remarks live at 3:30 p.m. eastern over on c-span. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. and i'm proposing that we avert the fiscal cliff together...
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Nov 21, 2012
11/12
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CSPAN2
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eye 90
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it related to that, i will talk about questions pertaining to the regional security environment that jeff has also just raised. let me begin with questions related to military leadership. not unlike the turnover of the party, there's been a near total makeover of china's senior military leadership reflect in the dynamics that or they are that chung noted about how retirements are mandated and so forth. so if we look where we were even a few weeks ago, we see major changes in the composition of the central military commission. we see a poor student and military members of the bureau. we see hooch and house decision to retire from leadership, notable by ted and shaun and the role with respect to military affairs. we have new leadership in all four general departments as well as new leadership of the second artillery air force. at the same time, it is important to note those who were not promoted were two generals, both very high-ranking, both the ruling families in china who were associated specifically chung hi jan who was political secretary. a very, very powerful figure in the milit
it related to that, i will talk about questions pertaining to the regional security environment that jeff has also just raised. let me begin with questions related to military leadership. not unlike the turnover of the party, there's been a near total makeover of china's senior military leadership reflect in the dynamics that or they are that chung noted about how retirements are mandated and so forth. so if we look where we were even a few weeks ago, we see major changes in the composition of...
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436
Nov 12, 2012
11/12
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WTTG
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eye 436
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that's a unique environment, but not today. they were in board safely. if you've ever played hoops on board an aircraft carrier or had a basketball game canceled due to intracoastal waterway evening humidity, consider yourself in exclusive company. georgetown basketball got both on friday. the opener doesn't go as planned, but another chance to tip off the season tonight hosting duquesne at the horizon center. in the 1st half nate lubick to otto porter and an off balance shot but no good. hopkins is there. porter left in the 1st half with an eye injury. 2nd half off the duquesne miss markel starts with the rebound, nice left hand finish, 9 points, hoyas by three. later more starks, steal and tip this one ahead to himself, drops it for the freshman d' vauntes smith rivera for the lay-in. georgetown over duquesne 61-35. >>> ben olson d.c. united kicking off the eastern conference final game one at houston against the dynamo, 28th minute no score. nick deleon with the heed pass up the left side to leonard pajoy who tracks it down and in it goes, united out
that's a unique environment, but not today. they were in board safely. if you've ever played hoops on board an aircraft carrier or had a basketball game canceled due to intracoastal waterway evening humidity, consider yourself in exclusive company. georgetown basketball got both on friday. the opener doesn't go as planned, but another chance to tip off the season tonight hosting duquesne at the horizon center. in the 1st half nate lubick to otto porter and an off balance shot but no good....
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89
Nov 16, 2012
11/12
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CNBC
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eye 89
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in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a. don't hold them in your taxable account. >> let's channel our inner howie mandel, deal or no deal on the fiscal cliff? >> we think deal but not this year. we think there will be a deal around the framework potentially but that the real tax and entitlement reform discussions will have to be hammered out in 2013. >> katie nixon, thanks for being with us. >>> let's hear what washington has to say and we'll talk about that more later on this hour of -- >> tyler, despite what could be positive developments, our economy is still of course to a certain extent being held hostage as we await the outcome
in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a....
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Nov 20, 2012
11/12
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FOXNEWSW
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did not exist in this environment. they will take over the fishery. bill: they are beautiful, though. they get really big. they caught close to 2,000. the fish will be taken to a bird rehabilitation center to feed eagles, hawks and other birds of prey. you definitely lose. martha: there is a shocking twist in the indianapolis house explosion story we brought you last week. two people lost their lives and it leveled an entire neighborhood. a marion county prosecutor says the blast is now a homicide case. eric shawn is live in our studio. look at this shot. >> reporter: good morning. usually when a house explodes the cause is a tragic accident from a natural gas leak. but in indianapolis police are searching for a mysterious white van that police say was parked in front of that house that blew up. neighbors say the van was 15 years old. it had no windows it was parked in front of that house on and off for several weeks and it raised suspicions. that explosion on a saturday afternoon flattened five homes and damaged 81 ot
did not exist in this environment. they will take over the fishery. bill: they are beautiful, though. they get really big. they caught close to 2,000. the fish will be taken to a bird rehabilitation center to feed eagles, hawks and other birds of prey. you definitely lose. martha: there is a shocking twist in the indianapolis house explosion story we brought you last week. two people lost their lives and it leveled an entire neighborhood. a marion county prosecutor says the blast is now a...
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Nov 14, 2012
11/12
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CSPAN
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we are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put your partisan differences aside for the country, and find some way to avoid the cliff. what that means in practice is striking some kind of deal, what we have heard of, as a grand bargain. it is important to keep in mind that the grand bargain itself, is really a form of austerity. this is an austerity plan. when you have an economy that is still struggling to find its feet, and you are talking about imposing austerity, i think we have seen pretty clearly, watching europe over the last 3.5 years -- that is not a good idea. we definitely have time to start -- to stop and get this right, before we fo
we are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put...
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Nov 15, 2012
11/12
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CNBC
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we think the holiday season is going to be competitive, we think we're still in a competitive retail environment and economic factors are making things somewhat difficult for our customers and that's why we're getting to those numbers. the stock had come in and it's going to again today. >> a lot of investors are thinking that this gigantic move and pull back appropriately to some average and was ready to blast off. look, you've got target nipping, you've got dollar tree reporting good numbers today. walmart had a great move. and now its great move i think has run its course. >> an amazing chart, if you go back to walmart stocks, the dip in the stock, it was the bryberry bottom for this quarter. i don't know if we're setting up for something better than anticipation but the head of u.s. walmart said november sales started ahead of plans. and they have got some extra sales thanks to lay away which has been a very popular program for retailers of late. >> we used to get monthly comps from all these retailers. >> those were the old days. >> i think the problem with wam mart, frankly is, the stock w
we think the holiday season is going to be competitive, we think we're still in a competitive retail environment and economic factors are making things somewhat difficult for our customers and that's why we're getting to those numbers. the stock had come in and it's going to again today. >> a lot of investors are thinking that this gigantic move and pull back appropriately to some average and was ready to blast off. look, you've got target nipping, you've got dollar tree reporting good...
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266
Nov 14, 2012
11/12
by
CNBC
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eye 266
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when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you bought it down in the low 20s? >> i don't know the actual cost price in front of me. i can tell you it's been one of our big holdings for a couple of years. home depot and lowe's we bought at the end of '11. we had a thesis that housing was bottoming. and now the housing improvement is accelerating and that's a big deal for the u.s. economy when you think about the spillover effect in construction jobs, you know, furniture, auto, cement, everything that comes with household formation in new home purchases. >> well, we want to thank you for joining us today. >> my pleasur
when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you...
622
622
Nov 18, 2012
11/12
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WBAL
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eye 622
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. >> the teals say the department of environment took samples from their house about a year ago. >> they never got back with me with any information. we were left out in the cold. >> and left with that uneasy fuel odor. >> you don't even want to strike a match out here in the summertime because that's how bad the fumes are. it can't be healthy for us. it can't be. >> officials say the contamination has not affected the drinking water because the homes are on public water. as for the land where those homes will be demolished, sources say it will probably turn into a public park if the land is not too hazardous. in the news room, wbal, tv 11 news. >>> a house fire sent two people to the hospital including a firefighter. those are expected to survive. the fire in the 900 block of malverne hill drive was report t around 7 saturday morning. it took the firefighters half an hour to bring it under control. the 67-year-old man was take ton the hospital with serious but nonlife threatening injuries. a firefighter was also take ton the hospital with minor injuries. the cause is still under investi
. >> the teals say the department of environment took samples from their house about a year ago. >> they never got back with me with any information. we were left out in the cold. >> and left with that uneasy fuel odor. >> you don't even want to strike a match out here in the summertime because that's how bad the fumes are. it can't be healthy for us. it can't be. >> officials say the contamination has not affected the drinking water because the homes are on public...
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214
Nov 13, 2012
11/12
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CNBC
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eye 214
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he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in drilling and natural gas space. >> weatherford this morning off 12% at 3.5 year low. the company warning that fourth quarter is going to come in for earnings below consensus on that number. and they also said that they still have not been able to resolve what they call material weakness in internal controls over financial reporting. they actually didn't break out their third quarter numbers. stock getting hit hard on a day when energy is already to the downside. >> motor trend magazine naming tesla's sedan the car of the year. will the model live up to the hype? we'll find out when te
he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in...
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92
Nov 17, 2012
11/12
by
CSPAN2
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eye 92
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i think that we have kept ourselves still in this environment has been extremely competitive and you reference an area for the united states and that's energy. the united states is number one in natural gas. the united states has been working very aggressively in terms of ensuring that it is energy independent and towards this end, just the other day at "the wall street journal" highlighted the fact that the united states is now really grown exponentially in terms of its own oil production. i think were going to see more of that. precious to different powerbase and you were describing in an important range of changes, but another one that's going to matter in terms of the overall geopolitical calculation and our providing a kind of firewall for ourselves, we are doing it in this energy area and that's because of technology and diversity in those technologies. >> one last one for wolfgang and pollock. a year ago there was a lot more pessimistic talk about the failure of the western model, success is state capitalism in china and so forth. there seems to be the markup to mystic town ir
i think that we have kept ourselves still in this environment has been extremely competitive and you reference an area for the united states and that's energy. the united states is number one in natural gas. the united states has been working very aggressively in terms of ensuring that it is energy independent and towards this end, just the other day at "the wall street journal" highlighted the fact that the united states is now really grown exponentially in terms of its own oil...
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Nov 15, 2012
11/12
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CSPAN
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eye 139
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freedom and not dependency provides the environment needed to achieve thesegoals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our religious institutions. the solution can only come from rejecting the use of coercion, compulsion, government commands and aggressive force to most social and economic behavior. without accepting these restraints, inevitably the consensus will be to allow the government to mandate economic equality and obedience to the politicians who gain power and promote an environment that smothers the freedoms of everyone. it is then that the responsible individuals who seek excellence and self-esteem by being self-relyant and productive become the vills. in conclusion, one of the greatest
freedom and not dependency provides the environment needed to achieve thesegoals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our...